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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (7195)	11/18/1997 11:28:00 PM
From: craig crawford	Respond to of 9285

I've got more Roger. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Top Stories: Cisco Gains as Big Merger Indigestion Slows Foes By Kevin Petrie Staff Reporter 11/13/97 11:57 AM ET (an excerpt) Underscoring recent weakness, 3Com shares were slipping Thursday morning, trading down 1 5/8 at 29 1/4 at 11:20 a.m. EST amidst a flurry of analyst estimate reductions. Cisco and Ascend, by contrast, were up. "3Com's CEO is calling people, telling them they have Asian exposure," says one trader. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Top Stories: 3Com Grapples With Inventory Problems, Mounting Competition By Kevin Petrie Staff Reporter 11/7/97 9:36 AM ET SAN FRANCISCO -- Investors are handling 3Com (COMS :Nasdaq) stock gingerly these days, and mounting evidence suggests they have the right idea. (further on in the article) A tenuous low-end foundation exacerbates the risks facing 3Com. It is still wrestling with bloated inventories at its newly acquired U. S. Robotics unit. Benhamou explains that USRX had stuffed product into its retail sales channel in an effort to gain market share. It worked, Benhamou says, and USRX sold through successfully, but in the meantime lots of gear filled distributors' shelves. Since 3Com merged with USRX on June 12, the company has tried to purge excess products in the sales channel and reconcile different methods of counting inventory levels.